SQD Staking on Subsquid: A Quick and Easy Tutorial
by Kamil Zawieja
Published on July 2, 2024
TL;DR;
SQD staking rewards are generated from the rewards pool and the 10% allocation of the total supply. Estimate your rewards using the SQD Staking Calculator, helping you understand the potential staking APY.
Track your staking portfolio, including reward rates, validator count, and staking ratio, using the Subsquid Asset Page.
Choose validators wisely using the Staking Rewards Verified Staking Provider (VSP) Program, considering metrics like validator fee, number of delegators, validators' staked balance, and uptime.
How to stake SQD in a nutshell: Step 1: Navigate to the Subsquid Network App and connect your wallet. Step 2: Go to the “Dashboard” tab. Step 3: Select the worker from the list. Step 4: Enter the amount of SQD you want to stake. Step 5: Finalize the staking process by clicking “Delegate” and confirm the transaction in your wallet.
